Mortgage guaranty insurance includes insurance against financial loss by reason of nonpayment of principal, interest, and other sums agreed to be paid under the terms of any note or bond or other evidence of indebtedness secured by a mortgage, deed of trust, or other instrument consisting of a lien or charge on real estate.
Structure Alaska Statutes
Chapter 12. Kinds of Insurance, Limits of Risk, and Reinsurance
Sec. 21.12.010. Limit of risk.
Sec. 21.12.020. Reinsurance credit allowed a domestic ceding insurer.
Sec. 21.12.025. Assumption reinsurance.
Sec. 21.12.030. Definitions not mutually exclusive.
Sec. 21.12.040. Life insurance defined.
Sec. 21.12.050. Health and health care insurance defined.
Sec. 21.12.052. Disability insurance defined.
Sec. 21.12.055. Annuities and annuity contract defined.
Sec. 21.12.060. Property insurance defined.
Sec. 21.12.070. Casualty insurance defined.
Sec. 21.12.080. Surety insurance defined.
Sec. 21.12.090. Marine, wet marine, and transportation insurance defined.